Loading… Loading… Tracing the evolution of cyber warfare reveals a transition from abstract notions to concrete challenges, reshaping the intersection of global security and technological advancements. The Rand Corporation published an earlyreport on cyber warfare in 1993, defining it as knowledge-related conflict at the military level. Before the February 2022 invasion, Russia used cyberattacks to
0 Comments
Citigroup will close its municipal division by the end of the first quarter of 2024, leaving behind a historic tenure in a market it once dominated in both underwriting and secondary market-making. The firm decided to “wind down our municipal underwriting and market-making activities” after a “broad-based review” of its muni business, according to a
0 Comments
Municipals rallied hard Thursday, playing catch up to the moves in U.S. Treasuries, which extended their gains for a second session following the Federal Open Market Committee’s clear communication of future rate cuts in 2024. Equities continued their rally. Triple-A yields fell 13 to 17 basis points, depending on the curve, but the gains were
0 Comments
Loading… Loading… Moodys Corporation, the ratings agency and research firm, has become the first financial services company to leverage the power of Generative AI (GenAI) to launch a customer research platform that it says will save users hours every day. The company announced on Tuesday the launch of Moodys Research Assistant, a first-of-its-kind search and
0 Comments
Loading… Loading… The Wikimedia Foundation disclosed that in 2023, ChatGPT was the most viewed article on Wikipedia, attracting 79 million views across its various language editions. What Happened:In 2023, the English language version of Wikipedia amassed over 84 billion views. Of these, the ChatGPT article alone accounted for more than 49 million views. During the
0 Comments
Loading… Loading… Investors are always on the lookout for untapped opportunities, especially in stocks that have been heavily discounted and now present promising opportunities for those prepared to wager on a recovery. As the new year looms, a seasoned strategy, known as the Laggards trade, is witnessing a revival. In its recent analysis, Goldman Sachs
0 Comments
Loading… Loading… The momentum on Wall Street during Tuesdays session continues to lack strength as investors carefully scrutinize the most recent economic data. Moodys decision to lower Chinas credit rating outlook from stable to negative also weighed on risk propensity. While service activity showed a better-than-expected uptick in November, Octobers job openings fell substantially, marking
0 Comments
Loading… Loading… Socit Gnrale SCGLY is launching a stablecoin. What Happened The French bank will be the first major financial institution to offer digital assets tracking the price of fiat currencies to investors. Socit Gnralesaid that EUR CoinVertible would be fully backed by euros. The crypto ecosystem is highly concentrated on a few existing stablecoins,
0 Comments
Loading… Loading… In a compelling panel discussion at Benzingas Fintech Deal Day event held in New York this November, industry experts gathered to delve into the complexities of managing market volatility and strategizing effective risk management. The panel, moderated by Renato Leonard Capelj from Benzinga, featured insights from Michael Green of Simplify Asset Management, Kris
0 Comments
The latest GOP presidential debate demonstrated again that Ron DeSantis and Nikki Haley are pursuing utterly inimical strategies for catching the front-runner, Donald Trump. The debate, on Wednesday evening, also showed why neither approach looks remotely sufficient to dislodge Trump from his commanding position in the race. DeSantis delivered a stronger overall debate performance than
0 Comments
Pregnancies among incarcerated women are more common than some may initially believe, with around 58,000 pregnant women admitted to prisons and jails in the United States every year. Data about incarcerated pregnant women can help reveal what they experience during pregnancy and postpartum recovery, as well as the impact their circumstances may have on their
0 Comments
Loading… Loading… Driven by high demand, Japan witnessed its biggest digital corporate bond issuance. What Happened: Hitachi HTHIY issued the five-year green bonds with a coupon rate of 0.598%, Bloomberg reported. Nippon Life Insurance revealed that it purchased half of the $68 million offering. The bond issuance is the second one targeting corporates after the
0 Comments
Loading… Loading… Block Inc SQ , a company established by Jack Dorsey, has launched its self-custodyBitcoin (CRYPTO: BTC wallet, Bitkey, now accessible in over 95 countries. What Happened: Self-custody Bitcoin wallet, Bitkey will be available as a mobile app or hardware storage and will highlight a two-of-three multi-signature wallet consisting of a mobile key, a
0 Comments